Texas Statutes (Last Updated: January 4, 2014) |
PROPERTY CODE |
Title 5. EXEMPT PROPERTY AND LIENS |
Subtitle B. LIENS |
Chapter 51. PROVISIONS GENERALLY APPLICABLE TO LIENS |
Sec. 51.009. FORECLOSED PROPERTY SOLD "AS IS"
Latest version.
-
A purchaser at a sale of real property under Section 51.002:
(1) acquires the foreclosed property "as is" without any expressed or implied warranties, except as to warranties of title, and at the purchaser's own risk; and
(2) is not a consumer.
Added by Acts 2003, 78th Leg., ch. 554, Sec. 1, eff. Jan. 1, 2004.